Financial Researcher: South Carolinians could see increase in credit card fraud under proposed credit card regulations
Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA) could lead to an increase in credit card fraud.
Tradd Advisory Company Expands Operations in Charleston County, Creating 100 New Jobs
Tradd Advisory Company has announced its expansion in Charleston County, with an $88,800 investment set to create 100 new jobs over the next five years. The company, established in 2018, specializes in freight transportation services and operates as a third-party logistics provider. Tradd works with a vast network of carriers and recently opened its first official office at the Harbor Entrepreneur Center in Mount Pleasant.Tradd Advisory Company Owner and CEO, Stephen Scates, expressed his enthusiasm about the expansion, stating, "It is exciting to have a footprint in...
Sen. Scott’s Fentanyl Bill Signed into Law
Washington, Apr 24 2024 - U.S. Senator Tim Scott's efforts to combat the illicit fentanyl supply chain have come to fruition as his FEND Off Fentanyl Act was signed into law as part of the national security supplemental package. Senator Scott, as the top Republican on the Senate Committee on Banking, Housing, and Urban Affairs, spearheaded the legislation aimed at disrupting the flow of fentanyl into the United States."The precursors for fentanyl come from China, they’re manufactured in Mexico, and then the Mexican cartels bring them to America – leading to the deaths of...
- 22 South Carolina hospitals participate in federal 340B Drug Pricing Program
- Senators Call on Biden Administration to Protect Jewish Students from Anti-Semitic Mobs
- Sen. Scott to Support Supplemental Funding Bill
- Graham Votes In Favor Of House-Passed National Security Supplemental
- Camden Man Arrested on 15 Child Sexual Abuse Material* Charges
Sen. Scott Calls for Columbia University President to Resign Over Rampant Antisemitism on Campus
WASHINGTON — U.S. Senator Tim Scott (R-S.C.) has called for the resignation of Columbia University President Nemat ‘Minouche’ Shafik over the rampant antisemitism on the university's campus. In a statement, Senator Scott emphasized the importance of ensuring a safe environment for all students, particularly Jewish students."All institutions that receive federal dollars need to be put on notice that Jewish students have the right to go to class and study peacefully and that their funding is a privilege," stated Senator Scott. He further added, "President Nemat ‘Minouche’...
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CEO of SC African American Chamber: 'S.910 could limit access to credit for all South Carolinians'
Stephen Gilchrist, the chairman and CEO of the South Carolina African American Chamber of Commerce, said a pending state senate bill to limit small dollar loans could limit access to credit for African Americans.
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Sen. Scott and Colleagues Oppose EU Regulation Impacting U.S. Paper and Pulp Industry
U.S. Senator Tim Scott, along with a group of bipartisan colleagues, has raised concerns over a regulation that could negatively affect American paper and pulp producers. In a letter to U.S. Trade Representative Katherine Tai, Senator Scott expressed apprehensions regarding the European Union's Deforestation-Free Regulation (EUDR)."While we applaud the EU’s commitment towards reducing deforestation, the EUDR, as currently written, presents significant compliance issues due to its stringency and ambiguity," Senator Scott wrote in the letter. One specific concern...
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Scott, Rubio, Salazar Call on White House to Designate Tren De Aragua as a Transnational Criminal Organization
WASHINGTON — U.S. Senator Tim Scott joined Senator Marco Rubio (R-Fla.) and U.S. Representative María Elvira Salazar (R-Fla.-27) in urging President Biden to formally designate Tren de Aragua—a notorious Venezuelan gang, now found in the U.S. – as a Transnational Criminal Organization (TCO). Tren de Aragua is a brutal criminal organization that originated in Venezuela’s prisons and has extended throughout the Western Hemisphere. This transnational criminal structure has spearheaded murders, bribery schemes, drug-trafficking, kidnappings, ransoms, arms trafficking, and money...
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U.S. Senator Lindsey Graham Expresses Concern Over Fulton County Legal Proceedings
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina) expressed his concerns regarding the legal proceedings in Fulton County, Georgia, in a recent statement.Graham criticized the ruling, stating, “This ruling is nonsensical. When it comes to the prosecution of President Trump and others in Fulton County, Georgia, politics hangs heavy in the air."He further commented on the situation involving Fulton County DA Willis, saying, “The charges brought by Fulton County DA Willis and the bizarre decision by the judge not to remove her for an obvious appearance of...
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Senator Scott Urges Senate Leadership to Relieve American Farmers
Senator Tim Scott and 15 of his Senate colleagues are urging Senate leadership to take immediate action to alleviate the financial burden on American farmers caused by rising labor costs. In a letter led by Senator Mike Crapo, the senators emphasized the need to freeze the Adverse Effect Wage Rate (AEWR) to prevent further strain on agricultural producers."The increasing cost of labor for agriculture producers is unsustainable," stated the senators in their letter. They highlighted the significant impact of AEWR increases on farms nationwide, with the national average...
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Graham, Britt Introduce Laken Riley Act
WASHINGTON – U.S. Senators Lindsey Graham (R-South Carolina) and Katie Britt (R-Alabama) have jointly introduced the Laken Riley Act, a legislative proposal aimed at addressing issues related to illegal immigration and law enforcement. The initiative comes in response to the tragic case of Laken Riley, whose alleged murderer entered the country illegally and was subsequently released after being arrested for another crime.The proposed legislation seeks to close existing loopholes in the law by mandating that U.S. Immigration and Customs Enforcement (ICE) detain illegal...
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Senators Scott, Britt, Budd Introduce Laken Riley Act, Call for Immediate Action to Save American Lives
WASHINGTON — U.S. Senator Tim Scott, along with Senators Katie Britt and Ted Budd, have introduced the Laken Riley Act, aimed at ensuring the safety of America's streets from illegal immigrants who have committed crimes. Senator Scott expressed his frustration with the Biden administration, stating, "Laken Riley’s murder – by an illegal immigrant who was twice arrested and twice released onto our streets – is the result of an absolute failure by the Biden administration."The legislation requires U.S. Immigration and Customs Enforcement (ICE) to arrest illegal immigrants...
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Attorney General Alan Wilson Urges U.S. Senate to Pass Laken Riley Act
Attorney General Alan Wilson is spearheading a coalition of 26 states urging the United States Senate to swiftly pass the Laken Riley Act. Wilson emphasized the urgency of the situation by stating, “Every state is a border state with Joe Biden as president,” pointing to the pressing issue of illegal immigration and its consequences for American citizens.The Laken Riley Act, also known as H.R. 7511, mandates the detention of any illegal alien involved in larceny, burglary, theft, or shoplifting offenses. This legislation received bipartisan support in the U.S. House of...
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Graham Announces Billions in Funding for Savannah River Site, SC Guard, and Surrounding Region in First FY 2024 Spending Package
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina) has unveiled significant funding allocations for various projects in the Savannah River Site, the South Carolina Army National Guard, and the surrounding region. These funding decisions are part of the first Fiscal Year 2024 spending package and were championed by Senator Graham in his capacity as a member of the Senate Appropriations Committee.The Savannah River Site will benefit from several key investments, including the continuation of the Savannah River Plutonium Processing Facility construction with a...
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Senator Scott Calls for Action on Housing Legislation
WASHINGTON - U.S. Senator Tim Scott (R-S.C.) urged for immediate action on housing legislation during a Senate Banking Committee hearing. Senator Scott emphasized the need for comprehensive solutions to address challenges faced by Americans in achieving homeownership, particularly under the current administration's policies.Senator Scott highlighted the impact of factors like inflation, high interest rates, and regulations on homeownership affordability. He advocated for new approaches to federal housing policy, such as his ROAD to Housing Act, which aims to reform...